Sometimes the federal securities laws are simply inadequate. This is especially true when the lawyers, auditors or bankers – the gatekeepers – turn a blind eye. Under the federal securities laws, aiders
Blog
Reminiscent of the Supreme Court's decision in Morrisson v. National Australia Bank, we are disappointed by the Southern District of New York's recent decision narrowly reading the Securities Exchange
Materiality Need Not Be Proven at Class Certification Stage In a 6-3 decision in February, the Supreme Court ruled for investors in the class-action case Amgen Inc. v. Connecticut Retirement Plans and Trust Funds, No. 11- 1085. The question in the case was whether plaintiffs in securities fraud cases should be required to prove that the defendant had made a material misstatement be
Many clients have investments tied to Libor, which was allegedly manipulated by the big banks over the last several years. Many who suffered losses from this well-reported and seemingly well-documented
Attorney Steve W. Berman, managing partner and co-founder of Seattle-based Hagens Berman Sobol Shapiro LLP, was today named one of the 100 Most Influential Lawyers
Steve Berman has been ranked as one of the top lawyers in the nation in LawDragon's seventh annual LawDragon 500 guide. The list serves to recognize
We enjoyed and concurred with this list from MarketWatch writer Quentin Fottrell--- these are some of the many reasons we are here to represent investors. The SEC will never tell you: "We will never
Steve Jobs, the technology pioneer and former CEO of Apple, was well known for believing the normal rules simply did not apply to him. While this attitude undoubtedly had much to do with his ability
Greg Smith did something not too many of our best and brightest do – he walked away from 12 lucrative years at Goldman Sachs and published a tell-all piece exposing the cynicism with which Goldman Sachs
Two proxy seasons have taken place since Dodd-Frank became law, and while it is true a board may ignore the advisory vote, experience now shows the board does
For the fourth consecutive year and the sixth time overall, plaintiffs' law firm Hagens Berman Sobol Shapiro, LLP has been named to the prestigious National Law Journal's
Court Selects Hagens Berman as Lead Counsel in E-books Case. A federal judge has appointed Hagens Berman lead counsel in a case alleging e-book publishers conspired with Apple to fix e-book prices. The complaint
Steve W. Berman is managing partner of Hagens Berman. He co-founded the firm in 1993. Securities litigation has increased dramatically in complexity in recent years. Institutional investors have been forced to adapt
Reed R. Kathrein, partner, leads Hagens Berman's San Francisco office. He focuses on financial fraud and securities litigation. In a case that should catch the attention of institutional investors who invest in the private
The Building and Construction Trades Department's 2012 Legislative Conference. April 29 - May 2, 2012 Washington, D.C. The Building and Construction Trades Conference highlights the political and legislative issues
Reed R. Kathrein, partner, leads Hagens Berman's San Francisco office. He focuses on financial fraud and securities litigation. Most investors understand that if they are
If you have experienced substantial losses and wish to move the court for lead plaintiff status, you must do so before the deadlines listed below. If you wish to file a claim in a case that has settled or have any other
Reed R. Kathrein, partner, leads Hagens Berman's San Francisco office. He focuses on financial fraud and securities litigation. The Dodd-Frank Wall Street Reform Bill passed in July 2010, established a new
The U.S. Commodity Futures Trading Commission (CFTC) today filed and simultaneously settled charges against JPMorgan Chase Bank, N.A. (JPMorgan) for its
As the new year gets underway, we are now starting to see progress on the organization of the civil cases, brought by investors and customer, against MF Global, Jon Corzine, and others being blamed for
